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the >>> explosions in gaza city tonight as the air assaults continue between israel and palestinian militants in gaza. and here is a live look at gaza city at this hour. the assaults have been pretty consistent since wednesday, it is 9:00 in the morning there. militants launched the rockets into israel saturday. two aimed at tel aviv. in return, israel carried out about 300 air strikes in the gaza strip. one hit the prime minister's headquarters, while another hit a police compound. officials say 43 palestinians and 3 israelis have been killed this week. >>> and the fiscal cliff could raise taxes on the majority of americans and cut spending on january one. president obama and leaders met today to come up with a solution. both sides say they're willing to compromise at this point. they plan to meet again after thanksgiving. >>> and olympic athletes from northern california were honored tonight in santa clara. they were the guest of honor at a congressional reception for northern california olympic athletes, among those being honored, marty malloy, who won a bronze medal. >> everyone is there cheering
are waking up to a peaceful morning. a cease-fire was announced today between hamas and israel. live pictures of gaza city. it's a little after 9:00 a.m. they're recovering from 1,500 israeli air strikes while hamas fired over 1,000 rockets towards israel. 100 palestinians and 5 israelis were reportedly killed. >>> and this was the scene earlier today. thousands of people in gaza took to the streets to celebrate the cease-fire. they see it as a political victory. secretary of state hillary clinton helped broker this agreement. experts point out this is a cease-fire and not a peace deal. >> it's a creative way to at least, you know, stop the firing. but it doesn't necessarily solve the larger issue. >> people of this region deserve the chance to live free from fear and violence. and today's agreement is a step in the right direction. that we should build on. >> prime minister benjamin netanyahu says if the truce does not hold, israel would consider more severe military action against the palestinian territory. >>> here at home, the lawyer of the man charged in a deadly crime spree says his cli
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